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dc.contributor.authorKoralun-Bereźnicka, Julia
dc.contributor.authorSzramowski, Dawid
dc.date.accessioned2022-05-20T09:34:51Z
dc.date.available2022-05-20T09:34:51Z
dc.date.issued2021
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/54629
dc.description.abstractThis chapter describes the role of trade credit in the functioning of enterprises. It presents the essence and the use of this form of finance, as well as placing it in a historical context. The chapter discusses the role of trade credit and the methods of trade credit management in business entities. It also describes the rules of trade credit administration, as well as the common reasons that enterprises use trade credit. Moreover, the chapter discusses the receivables and payables management system in an enterprise. Apart from highlighting the role of trade credit in national economies, it indicates the tools for minimising the level of risk associated with the trade credit granted. Further on, it presents the various objectives that trade credit allows entrepreneurs to achieve. Finally, it reports the legislative regulations introduced to exclude deferred payment contracts, which can be grossly unfair to one of the parties.en_US
dc.languageEnglishen_US
dc.subject.othercluster analysis; country and firm size effect;financial crisis; industry; payables management; receivables management; short-term finance;Trade credit; trade credit balance; working capitalen_US
dc.titleChapter 1 The role of trade credit in corporate activityen_US
dc.typechapter
oapen.identifier.doi10.4324/9781003253228-2en_US
oapen.relation.isPublishedBy7b3c7b10-5b1e-40b3-860e-c6dd5197f0bben_US
oapen.relation.isPartOfBookcbf6a241-d89c-4df4-a46c-edccda076651en_US
oapen.relation.isbn9781032181752en_US
oapen.relation.isbn9781032181776en_US
oapen.imprintRoutledgeen_US
oapen.pages35en_US
oapen.remark.publicFunder name: University of Gdańsk
peerreview.anonymitySingle-anonymised
peerreview.idbc80075c-96cc-4740-a9f3-a234bc2598f1
peerreview.open.reviewNo
peerreview.publish.responsibilityPublisher
peerreview.review.stagePre-publication
peerreview.review.typeProposal
peerreview.reviewer.typeInternal editor
peerreview.reviewer.typeExternal peer reviewer
peerreview.titleProposal review
oapen.review.commentsTaylor & Francis open access titles are reviewed as a minimum at proposal stage by at least two external peer reviewers and an internal editor (additional reviews may be sought and additional content reviewed as required).


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